"An estimated 1,451 Bay Area tech workers are slated to lose their jobs by late this year or early 2026 as a result of decisions revealed this week by e-commerce giant Amazon, Facebook app owner Meta Platforms, and chip titan Applied Materials. Seattle-based Amazon has decided to chop 137 jobs at multiple locations in San Francisco, according to a new WARN notice that the company sent to the state Employment Development Department."
"Amazon is cutting 780 jobs in the Bay Area. Besides the cutbacks in San Francisco, Amazon's layoffs will erase 391 jobs in Sunnyvale, 176 in Palo Alto, and 76 in Santa Clara. The Amazon staffing reductions are scheduled for Jan. 26 of next year, although some of these current might also take place in late February and late March. Applied Materials is eliminating 363 Bay Area jobs, consisting of 262 workers in Santa Clara, 86 in Sunnyvale, and 15 remote workers who report to Santa Clara."
An estimated 1,451 Bay Area tech workers will lose their jobs across Amazon, Meta Platforms, and Applied Materials. Amazon will cut 780 jobs, including 137 in San Francisco, 391 in Sunnyvale, 176 in Palo Alto, and 76 in Santa Clara, with most reductions scheduled for Jan. 26 and some extending into late February and March. Applied Materials will eliminate 363 jobs, including 262 in Santa Clara, 86 in Sunnyvale and 15 remote workers, with layoffs on Dec. 23. Meta Platforms will reduce 308 jobs in Menlo Park on Dec. 22. All three firms described the cuts as permanent. The layoffs follow a post-COVID hiring boom and declining demand that prompted elevated workforce reductions beginning in 2022.
Read at www.mercurynews.com
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